Kazakhstan interested in oil transportation via Baku-Tbilisi-Ceyhan pipeline.

By bne IntelliNews April 6, 2012
Kazakhstan is interested in transportation of oil from Tengiz field via the Baku-Tbilisi-Ceyhan pipeline, Umirzhak Shukeyev, head of national welfare fund SamrukKazyna has informed. He added that a compromise is planned on disputable price issues. Kazakhstan used to send oil via the pipeline but stopped after transportation tariff was increased. According to Shukeyev, oil producer at Tengizchevroil (50% owned by Chevron) wants to sell its oil at the end of the BTC pipeline. Significantly, the information about possible resumption of Kazakh oil pumping via the route has been emerging in the media for several months.

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